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Bill Albaugh explains ways to get the most favorable valuation for heavy equipment

Owner preparation of equipment for valuations

A good equipment evaluator will consider all aspects of an asset when establishing a value, including how clean it is and how well it's been cared for. A little work ahead of time can make a big difference in getting the best valuation for used equipment. Listen to Bill Albaugh's thoughts on whether or not equipment should be prepared by the owner before an evaluation is performed.

Aaron Traffas | Equipment values | September 22, 2021
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Bill Albaugh explains why it's rare for a dealership to sell a piece of ag or construction equipment for the advertised retail price.

Comparing retail prices for used ag and construction equipment

Prospective buyers of used heavy equipment frequently arm themselves with as much data as they can find before starting a discussion about price with a salesperson. They find other public listings both to try to decide for themselves what an asset is worth as well as to use to try to convince a salesperson to reduce the asking price. We asked Bill Albaugh how frequently dealers actually sell the equipment on their lots for the retail prices they listed.

Aaron Traffas | Equipment values | September 15, 2021
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Bill Albaugh explains the importance of repair costs in equipment valuations

Repair costs and equipment values

Condition is a huge reason that values of equipment are more than the year, make, model and options. The cost to make a piece of equipment ready for use can cause a huge swing in the value of the equipment. Listen to Bill Albaugh explain why repair costs matter when establishing values for used equipment trade-ins.

Aaron Traffas | September 8, 2021
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Bill Albaugh explains why it's crucial for lending institutions to maintain current and accurate valuations for the collateral behind equipment loans.

Heavy equipment collateral valuations for lenders

One of the services HeavyWorth provides is trusted, third-party equipment valuations for lenders who might not have the ability to do proper equipment valuations for themselves. We asked Bill Albaugh why it is so important that lenders have current and accurate valuations of the equipment backing the loans for ag or construction equipment.

Aaron Traffas | Equipment values | July 21, 2021
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